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Rolls-Royce ends talks with Indra on ITP Aero stake with no agreement

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Rolls-Royce ends talks with Indra on ITP Aero stake with no agreement
FILE PHOTO: A Rolls-Royce logo is seen at the company's aerospace engineering and development site in Bristol, Britain, December 17, 2015. REUTERS/Toby Melville   -   Copyright  Toby Melville(Reuters)
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(Reuters) – British engine maker Rolls-Royce <RR.L> said on Wednesday that its discussions with Indra <IDR.MC>, which had expressed interest in acquiring a majority stake in the UK group’s Spanish business ITP Aero, have ended without agreement between the parties.

(Reporting by Sangameswaran S in Bengaluru; Editing by Susan Fenton)

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